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Tax and Statutory Compliance Calendar for Nov 2022

Tax and Statutory Compliance Calendar for Nov 2022.

Tax and Statutory Compliance Calendar for Nov 2022

  • The compliance deadline must be fulfilled, which needs careful planning. So We have created a complete compliance calendar that includes all the important Timeline dates so that you may stay up to date on the statutory & compliance requirements.
  • Here is the prepared tax and Registrar of company & income tax with GST compliance calendar for the deadlines occurring in Nov 2022. It covers the requirements for filing with the registrar of companies (ROC), the OPC annual report, the filing of GST returns, and the filing of taxes.

Goods and Services Tax 

  • Goods and Services Tax : GSTR-1 Oct-22 11-Nov-22 ” GST Filing of returns by a registered person with aggregate turnover exceeding Rs. 5 Cr during the preceding year.  Registered person, with aggregate turnover of less than Rs. 5 Crores during the preceding year, opted for monthly filing of return under Quarterly Returns with Monthly Payment”
  • Goods and Services Tax : IFF (Invoice Furnishing Facility) Oct-22 13-Nov-22 GSTR-1 of a registered person with turnover less than Rs. 5 Cr during the preceding year and who has opted for quarterly filing of return under Quarterly Returns with Monthly Payment.
  • Goods and Services Tax : GSTR -6 Oct-22 13-Nov-22 Due Date for filing return by Input Service Distributors.
  • Goods and Services Tax : GSTR-7- Tax Deduction At Source return under GST Oct-22 10-Nov-22 GSTR 7 is a return to be filed by the persons who are required to deduct Tax Deduction At Source (Tax deducted at source) under Goods and Services Tax.
  • Goods and Services Tax : GSTR-8- Tax collection at source return under GST Oct-22 10-Nov-22 GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct Tax collection at source under Goods and Services Tax.
  • Goods and Services Tax : Due date of Payment of Tax Oct-22 25-Nov-22 Due date of payment of GST liability by the registered person whose aggregate turnover was less than INR 5 Crores during the preceding year and who has opted for quarterly filing of return.
  • Goods and Services Tax : Due date of Payment of Tax Oct-22 25-Nov-22 Due date of payment of GST liability by the registered person whose aggregate turnover was less than INR 5 Crores during the preceding year and who has opted for quarterly filing of return.
  • Goods and Services Tax : GSTR – 3B Oct-22 20-Nov-22 “1. GST Filing of returns by a registered person with aggregate turnover exceeding Rs. 5 Crores during the preceding year. Registered person, with aggregate turnover of less than Rs. 5 Crores during the preceding year, opted for monthly filing of return under QRMP.”
  • Goods and Services Tax : GSTR -5 Oct-22 20-Nov-22 GSTR-5 is to be filed by a Non-Resident Taxable Person for the previous month.
  • Goods and Services Tax : GSTR -5A Oct-22 20-Nov-22 GSTR-5A is to be filed by OIDAR Service Providers for the previous month.
  • Company Law MGT07 FY 2021-22 29-Nov-22 Form  MGT 7 Filing for Companies & One Person Company. MGT-7 is the annual return filed for every company on a yearly basis containing information about shareholders, directors, etc. as on the last day of the relevant financial year, i.e. 31st March.
  • Goods and Services Tax: Last date of claiming ITC of FY 2021-22 FY 2021-22 30-Nov-22 Last date of claiming ITC of FY 2021-22 as per Section 16(4) of Central Goods and Services Tax Act, 2017

Income Tax

Income Tax

  • Income Tax:  Tax Deduction at Source Certificate Oct-22 14-Nov-22 Due date for issue of Tax Deduction At Source Certificate for tax deducted under sections 194-IA, 194-IB, and 194M in the month of August 2022.
  • Income Tax : Tax Deduction at Source Certificate Sep-22 14-Nov-22 Due date for issuing of Tax Deduction at Source Certificate for tax deducted under section 194S in the month of September 2022. Under Section 194S. Tax deduction at source is deducted on payment made for the transfer of Virtual Digital Assets..
  • Income Tax: Tax collection at source Certificate Jul-Sep, 2022 15-Nov-22 Quarterly Tax deduction at source certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2022.
  • Income Tax :  Form 24G Oct-22 15-Nov-22 Due date for furnishing of Form 24G by an office of the Government where Tax Deduction at Source/ Tax collection at source for the month of Oct 2022 has been paid without the production of a challan.
  • Income Tax:  Form 3BB Oct-22 15-Nov-22 Due date for the furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes have been modified after registering in the system for the month of Oct 2022.
  • Income Tax Income Tax return Financial Year 2021-22(Assessment Year 2022-23) 7-Nov-22 “Due date for filing of return of income for Assessment Year 2022-23 of following assessees, not having any international or specified domestic transaction,
    a. corporate-assessee; or
    b. non-corporate assessee (whose books of account are required to be audited); or
    c. Partner of a firm whose accounts are required to be audited or the spouse of such partner if the provisions of section 5A applies.
    The due date of filing such return was Oct 31, 2022, earlier and the same got extended vide Circular no. 20/2022, dated 26-10-2022.”
  • Income Tax : Tax Deduction At Source Challan cum Statement Oct-22 30-Nov-22 Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194-M,  in the month of Oct 2022.
  • Income Tax:  Income Tax return Financial Year 2021-22 (AY 2022-23) 30-Nov-22 Return of income for the assessment year 2022-23 of an assessee who is required to submit a report under section 92E pertaining to the international or specified domestic transaction(s).
  • Income Tax : Form No. 3CEA Financial Year 2021-22 30-Nov-22 Report in Income tax Form No. 3CEA by a constituent entity of an international group for the accounting year 2021-22.
  • Income Tax:  Statement of Income Distribution (Income tax Form 64) Financial Year 2021-22 30-Nov-22 Statement of income distribution by Venture Capital Company or venture capital fund in respect of income distributed during the previous Year 2021-22.
  • Income Tax : Form 64D Financial Year 2021-22 30-Nov-22 Statement to be furnished in Form No. 64D by Alternative Investment Fund (AIF) to Principal CIT or CIT in respect of income distributed (during the previous year 2021-22) to unit holders.
  • Income Tax : Form 64A Financial Year 2021-22 30-Nov-22 Due date for filing of a statement of income distributed by business trust to unit holders during the FY 2021-22.
  • Income Tax : Tax deduction at source Challan cum Statement Oct-22 30-Nov-22 Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194S in the month of Oct 2022.  Tax deduction at source is deducted on payment made for the transfer of Virtual Digital Asset u/s 194S.
  • Income Tax : Tax deduction at source Return Jul-Sep, 2022 30-Nov-22 “Quarterly statement of Tax deduction at source deposited for the quarter ending September 2022. The due date for furnishing of the Tax deduction at source statement for the quarter ending September 2022 has been extended from Oct 31, 2022, to Nov 30, 2022, vide Circular no. 21/2022, dated 27-10-2022”.

Labour Law : 

  • Labour Law Provident Fund / Employees’ State Insurance Scheme Oct-22 15-Nov-22 Due Date for payment of Provident fund and Employees’ State Insurance Scheme contribution for the previous month.

For taxpayers, the month of November 2022 is important since it has timelines for a lot of compliances with the Goods and Services Act, Income Tax Act, Companies Act, and LLP Act. You avoid costly fines, make sure to submit the aforementioned forms within the deadlines. As a result, we encourage you to plan ahead of time and finish all necessary filings before the time allotted and due date expire.

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